Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt
  4. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt (CIF) - 2022

In December 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $33,343 per ton, remaining stable against the previous month. Over the period under review, the import price recorded perceptible growth. Over the period under review, average import prices reached the peak figure in December 2022.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From December 2021 to December 2022, the rate of growth in terms of prices for Italy amounted to 0.0% per month.

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt (FOB) - 2022

In 2021, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $20,313 per ton, remaining stable against the previous year. In general, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 4.6%. As a result, the export price attained the peak level of $20,529 per ton, and then fell slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($21,533 per ton), while the average price for exports to the Netherlands stood at $2,000 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+15.2%).

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt

In 2022, imports of nickel; bars, rods and profiles, not alloyeds into Egypt skyrocketed to 8.1 tons, increasing by 2,359% compared with 2021 figures. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 3,020%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $271K in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.410.80.6270777.2%
France0.37.20.10.30.0%
BelgiumN/AN/A1.0N/A0%
Germany0.21.90.9N/A112.1%
India0.23.92.9N/A280.8%
Others0.35.03.0N/A216.2%
Total1.328.98.6271492.9%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Egypt in 2022:

  1. Italy (8.1 tons)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt

In 2021, the amount of nickel; bars, rods and profiles, not alloyeds exported from Egypt reduced to 16 kg, waning by -5.9% against 2020 figures. In general, exports recorded a deep slump.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds declined to $325 in 2021. Over the period under review, exports showed a abrupt downturn. The smallest decline of -6.4% was in 2020.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Egypt (USD)
COUNTRY201920202021CAGR,
2019-2021
Saudi ArabiaN/AN/A3230%
NetherlandsN/AN/A2.00%
United KingdomN/A349N/A0%
Italy373N/AN/A0%
OthersN/AN/AN/A0%
Total373349325-6.7%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Egypt in 2022:

  1. Saudi Arabia (15.0 kg)
  2. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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